Financial practitioners must read books.
NO. 1 Principles of Economics by Man Kun and Peking University Publishing House
Many people really understand western economics from Man Kun's Principles of Economics, because it is interesting and easy to understand. Ten principles of economics? Impressed, when I studied Samuelson's economics, I thought economics was like a rigorous old pedant, but when I studied in Man Kun, it was different. I believe you will like her even if you are not in the financial industry, like a friend who can tell stories. This is definitely an affordable pillow book.
No.2 Monetary Finance (2nd edition of the original book) Frederick S. mishkin, etc. Machinery industry press.
Anyone engaged in the financial industry will not be unfamiliar with this book, which is the first professional basic course textbook for financial professionals. It used to be called in college courses in China? Money bank? Later, with the development of the financial industry, money gradually became a part of financial products, not all, and banks were also a branch of financial institutions, so it was changed to? Finance? Or? Monetary finance? , is actually the same kind of book. Frederick S. mishkin is the absolute authority in this field. Renmin University of China Press has published another version of this book, but the latest version has deleted chapters on non-bank financial institutions, derivative financial instruments and conflicts of interest in the financial industry. I feel sick!
NO.3 Fundamentals of Financial Markets and Financial Institutions (4th edition of the original book) Frank J. Fabozzi and other machinery industry publishing houses, mishkin also wrote Financial Markets and Financial Institutions, but I personally prefer this book, Fundamentals of Financial Markets and Financial Institutions by Frank J. Fabozzi of Yale University, because mishkin's strength lies in the research of monetary theory, and he is slightly inferior to financial institutions. Moreover, Fabozzi is also the designated teaching material for the open class of Yale University. I like the modesty, preciseness and erudition of robert shiller, the lecturer, and the way he is shy from time to time in class, haha. In addition, online videos of open classes can be downloaded everywhere. Reading a book in front of a video will make you feel like attending a class at Yale University!
In addition, the books mentioned in the video, such as Irrational Prosperity, Long-term Magic Weapon of Stock Market, Overcoming Wall Street and Principles of Corporate Finance, are also copyrighted in China, so you can refer to them.
The 4th issue of "Investment" (7th edition of the original book) Wei Zi Bodie, etc. Machinery industry press.
Can you find something more authoritative than this book? The answer is no, if william sharpe's Investment can still fight with it, the fact that the fifth edition of Sharp's Investment in 2002 has been fixed further proves that Boddy's Investment is an absolute number of 1 in the field of investment, and he is a well-deserved master. However, there are some problems in the translation of the seventh edition. Friends with good English can find the corresponding English version.
NO.5 "Corporate Finance" (the eighth edition of the original book) Stephen A. Ross, etc. Machinery industry press.
The 6th issue of International Economics (8th edition) paul krugman is waiting for Renmin University of China Press.
When it comes to international economics, I have to mention paul krugman, a maverick professor at Princeton University. Long before he won the Nobel Prize in Economics in 2008, his International Economics had been adopted as a teaching material by universities in China. The imperfect competitive market and trade theory that finally made him famous in the world are elaborated in this book. It is worth mentioning that international economics is divided into two parts: international finance and international trade, which is helpful for readers to choose according to their own needs.
The seventh issue of Option Futures and Other Derivatives, John C. Hull, etc. Machinery industry press
1 I came into contact with this book in 2000, when it was the third edition published by Huaxia Publishing House, and the price was only 49 yuan. A few years later, I accidentally went to the bookstore and saw the 6th edition published by People's Posts and Telecommunications Publishing House, and the price has soared to 128 yuan. Now the 7th edition of Machinery Industry Press has fallen back to the psychological price of 78 yuan. Is this book in the financial engineering field? The bible? A must-have reference book for Wall Street people. According to friends in the United States, the difficulty of this book is low, but it has become a high-end professional book in China, probably because China's financial development is far behind the United States. There is another interesting place in this book. In the movie Chasing Happyness starring will smith, the American version of this book also appeared. Interested friends go and look for it.
No.8 Bond Market: Analysis and Strategy Frank J Fabriz Peking University Publishing House
After reading the financial foundation above, you should know the content of fixed income securities. Now the stock market is so depressed that it needs more attention. The author Frank J. Fabozzi is actually Frank J. Fabozzi, the author of the above-mentioned Fundamentals of Financial Markets and Financial Institutions (the translation of the author's name by various publishing houses is not uniform, which is really big enough). The book was published in 2007. It is a bit old, but it is classic and easy to read. It is basically at the entry level, especially the basic knowledge of bonds is very systematic and comprehensive, and there are also very suitable application examples, but there are also some in-depth contents. Actually, I was expecting something simpler.
The ninth issue of Investment Analysis and Portfolio Management (eighth edition) (I and II) Frank? k？ Riley et al. Renmin University of China Press.
Everyone knows that the way to reduce risk is not to put eggs in one basket, but in the unpredictable financial capital market, not everyone is Buffett or Soros. Although the modern portfolio theory was put forward by Harry markowitz in a paper entitled "Portfolio Selection" in 1952 (for which markowitz won the Nobel Prize in Economics in 1990), it can indeed collect the latest research results in the field of investment management, and it is not difficult to read. Personally, I think this book is one of the best, but it is also expensive.
10 Behavioral Finance William Forbes Machinery Industry Press
Behavioral finance is the latest research direction in the field of international finance, which challenges the traditional efficient market hypothesis theory. Will those who can study psychology and finance together become the darling of the next Nobel Prize? The book comprehensively discusses financial phenomena and financial market models, and at the same time explains the rationality of the collision between new elements and old logic in the financial field from a broader social science scope. Behavioral finance is a developing discipline, and friends who want to know about related fields can start with this book. If you want to know more about asset pricing, you can pay attention to Hirsch. The Behavioral Method of Asset Pricing published by Schaeffling in 2005.